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Massive Bitcoin whale moves more than $1.3 billion worth of BTC
A massive crypto whale has moved 142,323 BTC on July 29, causing a stir in the crypto community on Twitter.
Nearly 4 million Bitcoin worth over $40 billion unmoved in five years
The number of “untouched” Bitcoins increased significantly over the past five years, according to recent data from CoinMetrics.
Bitfinex fights back against NYAG, says it never served New York customers
iFinex, the company that owns and operates Tether and Bitfinex, said that the claims made by the New York Attorney General’s office that the companies served New York residents throughout last year were “misleading.” The company’s latest legal filing asserts that the alleged “New York customers” were foreign ECPs who worked through New York-based traders.
Institutional demand for Bitcoin and Ethereum causes Grayscale AUM to nearly triple, reduces exposure to XRP
Grayscale Investments, a New York-based digital currency asset management firm, released its investment report for Q2 2019.
Tron gets police protection after protestors storm Beijing offices
News about a police raid of Tron’s offices in Beijing has gone viral on Twitter, with many people assuming the company was investigated for scams.
Plaintiff and lead counsel named in Ripple class action lawsuit over XRP offering
Taylor-Copeland Law and Susman Godfrey, LLP were named as co-counsel in a proposed class-action lawsuit against Ripple Labs, Inc for allegedly failing to comply with securities regulations.
Chainspace co-founder: Facebook’s dystopian, censorship-prone cryptocurrency
Mustafa Al-Bassam, the co-founder of Facebook acquired blockchain startup Chainspace, said Libra could recreate a dystopian financial system that’s less censorship resistant and easier to manipulate than the current one.
JPMorgan analysts: institutions driving meteoric Bitcoin rally
The price of Bitcoin surged from $7,000 to $9,275, up more than 20 percent against the United States dollar, within a seven-day span between June 11 and 18.
International Accounting Standards Board believes Bitcoin will be gone within five years
The FASB and IASB, the two main rule-setting bodies for accounting standards worldwide, cited “lack of usage” as the main reason for not clarifying cryptocurrency accounting treatments.
Improving Bitcoin: Jack Dorsey Announces Open-Source Initiative Square Crypto
Jack Dorsey—the CEO of Twitter and Square, announced “Square Crypto”—a team Dorsey is assembling to work full-time on improving the Bitcoin and cryptocurrency ecosystems “independent” of Square’s business objectives.
Amsterdam Businesses Threatened with Grenades if Bitcoin Ransom Not Paid
Multiple Amsterdam businesses received emails threatening them with hand grenades or shootings if they do not pay €50,000 in bitcoins to the sender, the NLTimes reported on October 31.
Wrapped Bitcoin: Bitcoin-backed ERC20 Token Coming Early 2019
Dark pool platform Republic Protocol has teamed with crypto custodian BitGo and decentralized liquidity pool Cyber Network to launch a Bitcoin-backed ERC20 token on the Ethereum blockchain.
CME Report: Bitcoin Futures Trading 41 Percent Up from Q3 2018
The Chicago Mercantile Exchange (CME Group), one of two major providers of Bitcoin Futures in the United States, revealed trade volumes increased 41 percent in Q3 2018 with interest rates up by 19 percent.
Off-Grid Crypto Transactions Get Closer to Reality
A New Zealand developer sent two signed Bitcoin transactions to his girlfriend’s crypto wallet on Monday using only radio signals and a cheap smartphone while offline and not connected to a cell network.
Spain’s Banco Santander Takes a Liking to Ripple’s Cross-Border Payments Solution
At Ripple’s annual Swell event on October 1, Spanish financial services firm Banco Santander executives shared their experience of using blockchain-powered payment systems powered by the former’s RippleNet product.
Ethereum Co-founder Invests Millions in Former Competitor’s Company
Ethereum co-founder Joseph Lubin has announced a partnership with a company founded by some of Ethereum’s biggest competitors, according to Forbes.